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WebWork: S20-MATH130WH1-F X orkmeneese.edu/webwork2/S20-MATH130WH1-Hardee/3.2 Homework/13/?effectiveUser=msudmanuel10&user=msu-dmanuel10&key=2pxMocf0x11b] Th VD1413X 107EVIM 3.2 Homework: Problem 13 Previous Problem Problem List Next Problem (1 point) A company is considering two
WebWork: S20-MATH130WH1-F X orkmeneese.edu/webwork2/S20-MATH130WH1-Hardee/3.2 Homework/13/?effectiveUser=msudmanuel10&user=msu-dmanuel10&key=2pxMocf0x11b] Th VD1413X 107EVIM 3.2 Homework: Problem 13 Previous Problem Problem List Next Problem (1 point) A company is considering two insurance plans with the following types of coverage and premiums Plan A Plan B Liability Monthly Premium $153000 $140000 $70 $65 Premiums are sold in units. For example, one can buy one unit of plan A insurance for $70.00 per month and receive $23,000.00 in TheftFire insurance. Two units of plan A insurance cost $140.00 per month and give $46,000.00 in Theft/Fire insurance. The company wants at least $659,000.00 in coverage for The Fire insurance and $3,350,000.00 in coverage for liability insurance. How many units of each plan should be purchased to meet the needs of the company while minimizing cost? The company should purchase units of plan A and units of plan B (Note: your answer is a dollar amount and should include a dollar symbol What is the minimum monthly premium for the company? Note: You can earn partial credit on this problem Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining Email instructor
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